Thursday, November 10, 2011
'Look at What We Do' - WSJ.com
This government agency doesn't pass the smell test.
If anything, it seems overloaded on being anti-business; and, the media is quiet.
As always, if you have information, you can decide for yourself...
If anything, it seems overloaded on being anti-business; and, the media is quiet.
As always, if you have information, you can decide for yourself...
The Wall Street Journal reports on the Consumer Financial Protection Bureau:
"The manual also encourages its auditors to consider complaints lodged not only with the bureau, but with such political actors as state attorneys general and 'on-line consumer complaint boards such as www.ripoffreport.com or www.complaints.com.' Directing a federal agency to consider complaints lodged on a private, consumer-advocacy website is unprecedented. The tort bar must be delighted at all the business about to be kicked its way.
Mr. Date was reporting Wednesday to Congress on the progress the bureau has made in its first 100 days. Judging from what we know so far, the bureau has vast powers, no serious Congressional checks and an already-politicized agenda. No wonder banks are hunkering done for what may soon hit them."